Active Listing  ·  186 days on market

1141 Berger St #A

Austin, TX 78721
$539,500
4 Bed 2 Bath 1,644 sqft $328/sqft Built 1985 0.12 acres Pool 1141 Berger Condos

**OPTION FOR 3% DOWN + GREAT INTEREST RATE! Also, a purchase may be eligible for up to a $5,000 buyer grant program!!** This exceptional, fully furnished 4-bedroom home (all furnishings included!) offers a rare opportunity to own a high-performing rental that also lives beautifully as a primary residence or second home. Thoughtfully designed with both guest experience and everyday comfort in mind, the home blends striking aesthetics with functional, livable space.

The layout is ideal for both hosting and daily life, featuring spacious bedrooms, inviting common areas, and seamless indoor-outdoor flow. The outdoor space serves as a true centerpiece—perfect for entertaining, relaxing, and enjoying Austin’s year-round lifestyle.

The property includes design elements and amenities that consistently drive strong demand, premium rental rates. Its prime location—just minutes from the airport and a short drive to downtown, Rainey Street, and East Austin’s top dining and entertainment—makes it highly attractive to guests while remaining convenient for full-time living.

Offered fully turnkey, all furnishings are included in the sales price, allowing for an immediate and seamless transition—whether continuing as a rental or moving in and enjoying the home from day one.

Whether you’re seeking a strong income-producing asset or a versatile Austin home with built-in earning potential, this property delivers an exceptional combination of design, location, and performance.

At $328/sqft, this home is 17% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1141 Berger St #A, Austin, TX 78721

Property Details

Price $539,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,644 sqft
Lot Size 0.12 acres (5,270.76 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision 1141 Berger Condos
County Travis
Zip Code 78721
$/sqft $328/sqft
Days on Market ,
HOA $68/See Remarks
Annual Tax Est. $7,661
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223315148
List Date March 20, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 20, 2026 $555,000
Previous ask $549,500
Current ask $539,500
Reduced $15,500 (-2.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1121 Walton Ln #B
WALTON CONDOMINIUMS
$535,000 $305 3 bd / 3 ba 1,754 sqft , 2026-08-25
5308 Downs Dr #2
Truman Heights
$545,000 $345 3 bd / 3 ba 1,580 sqft , 2026-08-27
5912 Harold Ct #107
Kimbrough & Lisa Gray Add (Townhouse/Common)
$549,610 $304 3 bd / 4 ba 1,806 sqft , 2026-06-05
1128 Walton Ln #2
Annie Cunninghams
$549,900 $501 3 bd / 3 ba 1,097 sqft , 2026-06-12
6717 Alleyton Dr
Knollwood On The Colorado River
$549,999 $266 3 bd / 3 ba 2,071 sqft , 2026-07-10

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,590/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$107,900
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,590
Principal + Interest−$2,944
Property Tax (~2.1% TX avg)−$944
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,523

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 2, 2026.

📞 (254) 718-2567 [email protected] More about Luke →